◂ Announcements

Jul 8, 2024EXPANSIONShenzhen, China

BYD to invest $894M in EV parts factory in Shenzhen

BYD signed an agreement to build a factory for core parts of new energy vehicles with a total investment of 6.5 billion yuan ($894.2 million) at its existing site in Shenzhen, China.

Value

$894.2M

Status

Announced

Productscore parts for new energy vehicles

CompaniesBYD

Sectors#Automotive Components

“BYD has signed an agreement to build a factory for core parts of new energy vehicles with total investment of 6.5 billion yuan ($894.2 million)”reuters.com

1 source
reuters.comChina's BYD plans $894 mln EV parts project, state media saysJul 8, 2024

Summarized from public sources; check the original articles before acting on it.

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BYD to invest $894M in EV parts factory in Shenzhen · Endata